GDL FUND

CUSIP: 361570104 Class: COM SH BEN IT

Gramercy Funds Management LLC's Holding History (CIK: 0001548836)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016
Shares 28,937 Value ($000) $290 Avg Close — Range —
Q4 2015
Shares 28,937 Value ($000) $290 Avg Close — Range —
Q3 2015
Shares 3,900 Value ($000) $38 Avg Close — Range —
Q2 2015
Shares 7,789 Value ($000) $79 Avg Close — Range —
Q1 2015
Shares 3,900 Value ($000) $40 Avg Close — Range —
Q4 2014
Shares 3,500 Value ($000) $36 Avg Close — Range —
Q3 2014
Shares 3,500 Value ($000) $37 Avg Close — Range —